Most big cryptocurrencies decline on Cardano, Solana drops

Polygon
MATICUSD,
-0.90%
slid 0.57% to 55 cents, while Ripple
XRPUSD,
+0.19%
sank 0.48% to 50 cents. Bitcoin
BTCUSD,
+1.10%
sank 0.25% to $25,611.30.

Ethereum
ETHUSD,
+0.53%
and Uniswap
UNIUSD,
-0.18%
rounded out the decreases for Thursday, dropping 0.19% to $1,624.83 and 0.09% to $4.43, respectively.

On the other hand, Polkadot
DOTUSD,
+0.78%
posted the only increase among the largest cryptos, rising 0.42% to $4.25.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+4.81%
dropped 2.47% to $76.12, while MicroStrategy Inc.
MSTR,
+0.68%
shed 3.56% to $338.21. Riot Platforms Inc.
RIOT,
+1.25%
shares shed 5.60% to $10.61, and shares of Marathon Digital Holdings Inc.
MARA,
+2.49%
fell 5.22% to $11.43.

Overstock.com Inc.
OSTK,
-1.91%
declined 8.20% to $19.27, while Block Inc.
SQ,
-2.78%
shed 4.09% to $55.29 and Tesla Inc.
TSLA,
-0.17%
shed 2.40% to $245.87.

PayPal Holdings Inc.
PYPL,
-1.83%
fell 2.20% to $61.42, and Ebang International Holdings Inc.
EBON,
-4.73%
shares dropped 5.27% to $7.01. NVIDIA Corp.
NVDA,
-1.74%
shed 3.21% to $455.48, and Advanced Micro Devices Inc.
AMD,
-2.46%
fell 3.06% to $105.93.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.09%
fell 2.14% to $21.02. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.55%,
which is focused on pure-play crypto companies, shed 3.27% to $7.09. Grayscale Bitcoin Trust
GBTC,
+3.76%,
which tracks the Bitcoin market price, slipped 0.43% to $18.52.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.